We've been working hard on improving security since the hacking incident in June, and today we're proud to announce that Mt.Gox is the first Bitcoin exchange to be certified by VeriSign with the VeriSign Trust Seal.

The VeriSign Trust Seal is a certification that Mt.Gox’s user information security practices are in-line with internationally recognised standards. Anyone using browsers that can read Internet security certificates may note that their address bar changes colour the next time they visit Mt.Gox. This shows that your are accessing a certified secure website.

There were many stringent requirements Mt.Gox (Tibanne Co. Ltd.) had to meet in order to be certified, one of which being that VeriSign had to independently verify nearly all aspects of our business before approving us. Through this audit process we've proven that Mt.Gox is a safe, secure and transparent service whose security measures meet the highest standards of the Information Communications Technology industry.

We realize that this is a small step towards restoring the trust of our loyal users, and we look forward to delivering further substantial and meaningful improvements to our security in the coming weeks to ensure we continue to protect and support our users.

You can also find us listed on the Tokyo Chamber of Commerce website.

Safe trading,-The Mt.Gox Team

Having never heard of this "Very sign" company before, I checked Wikipedia to find this shocking tidbit

In 2002, Verisign was sued for domain slamming – transferring domains from other registrars to themselves by making the registrants believe they were merely renewing their domain name. Although they were found not to have broken the law, they were barred from suggesting that a domain was about to expire or claim that a transfer was actually a renewal.

and

In September 2003, Verisign introduced a service called Site Finder, which redirected Web browsers to a search service when users attempted to go to nonexistent .com or .net domain names. ICANN asserted that Verisign had overstepped the terms of its contract with the U.S. Department of Commerce, which in essence grants Verisign the right to operate the DNS for .com and .net, and Verisign shut down the service

I was just kidding about never hearing of Verisign before, though the little blurbs are new information to me. I think this obviously means everyone should be buying up Bitcoin right now, at $8.56, it is a steal.

The internet has a system in place to adjust the average frequency of a really stupid post. If there isn't an average total of 100 really stupid posts per second added to the chain of content on the web, the difficulty of the internet decreases.

"MOOOOOOOM! SOME MYTHICAL WOLFBEAST GUY IS MAKING FUN OF ME ON THE INTERNET!!!!"

My opinion on this thread differs from yours, lets start with that. What is the stupid part about it, what can I do to fix this for you?

I find it interesting is all. I still trust Mt Gox personally Also, I did not see a thread about Gox signing with VeriSign, and I do find the information to be pretty important to users, and not everyone read every Bitcoin news source so may not have seen this information before. I'm sorry. Oh wait, no I'm not.

But I don't really understand why MagicalTux would claim that their whole business has been audited just to get the Trust Seal. Sure, there's SOME auditing going on, but it's almost just a play on words.

Quote

Authentication is an established and proven process used by VeriSign that shows the world that VeriSign has verified your identity and that you are the rightful owner or operator of your Web site.

The internet has a system in place to adjust the average frequency of a really stupid post. If there isn't an average total of 100 really stupid posts per second added to the chain of content on the web, the difficulty of the internet decreases.

But I don't really understand why MagicalTux would claim that their whole business has been audited just to get the Trust Seal. Sure, there's SOME auditing going on, but it's almost just a play on words.

Well, MagicalTux did give the last auditor a full copy of the database, including everyone's e-mail and passwords, so it's not as if we can assume he was accurate about what he was doing or what Symantec did.

"MOOOOOOOM! SOME MYTHICAL WOLFBEAST GUY IS MAKING FUN OF ME ON THE INTERNET!!!!"

Not really. The title and the completely irrelevant wikipedia quotes just put you in the troll category. I can't really figure out why you wanted that.

There seems to be a stick up your ass Thread keeps on delivering with information regarding Verisign. Let's go back to the title talk you bring up, jokingly made, but is it inaccurate? The shit that Verisign has tried to pull as a company thinking it is okay to do despite being obvious was to take advantage of unknowing users. I am just saying, if they were on the forums, Very Sign would have the "XXXXX" red things under their user name, and now we have Mt Gox working directly with them with a press release.

Just saying though, I do not believe there is some big conspiracy theory, but I think it is probable.

Thanks, I wasn't sure until now but now I'm sure you're just trolling.

You have to define trolling then, I brought to the table that I did not see on the forums yet, was kind of big news, something that asked questions, has brought answers, and you have helped make better. Discussing things on a forum. Sorry my opinion was not as fully backed up as yours, please allow people to change and learn, but hating or calling a troll, dear lord that term is being used/abused more than the term 'scammer' around these parts

Dude, have you really never heard of Verisign before this? They've been giving very basic certs for SSH and such for years. Any argument against them is an argument against ANY 'authority' giving certs.

I have of course heard of verisign lol. However, I can say that if I had a gun to my head I could not accurately describe what it is exactly Verisign did or does. That is why I just did a quick search to get a general answer, a gist of things if you will, ie Wikipedia.

I know why Gox is using them, and it is a good step in the right direction imo, those banners are nearly necessary for successful e-commerce now in days.

The Trust Seal acquired by MtGox has nothing to do with VeriSign-the-domain-company

- Your opinion. I would very much say at this moment I am now in question of Verisign as a company when I was not before.- It shouldn't be, but you are in denial if you don't think it is.- Okay, thank you for contributing, now if you didn't say it in such a troll form it would be easier to take the information you are trying to spread, which I am finding useful btw, if you didn't to do it in such douche manner, but honestly I could care less, I am here for hard facts

You should start by asking yourself if that's what you're posting, then.

(PS: Thread title is still just plain wrong)

I now have other shit to do, I do appreciate you coming in with links and information, I am sorry that not all threads on all forums are created with full case histories, but are sometimes filled with questions and confusion. You will one day gain appreciation and knowledge of parody, ignorance, and perception. I feel I have grown a little since this thread. So it's pants off time and I have to go take care of that.